We have already mentioned that the S & P500 major rally started 57 weeks ago :
We are now facing a tough sale.
So which sectors were traded on the index or discounted in this process?
You can view them from the terminal.
I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind:
OSX : PHLX Oil Service Sector Index
XNG : NYSE ARCA Natural Gas
SPSIOP : S&P Oil and Gas
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
CONCLUSION :
We see a discount from the commodity in general and the oil and gas sector in particular.
But in order for us to evaluate them, there should be a time when we expect both an increase in the related commodities and a positive atmosphere in the S&P 500, then we can turn to these sectors and make profitable investments.
Regards.
We are now facing a tough sale.
So which sectors were traded on the index or discounted in this process?
You can view them from the terminal.
I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind:
OSX : PHLX Oil Service Sector Index
XNG : NYSE ARCA Natural Gas
SPSIOP : S&P Oil and Gas
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
CONCLUSION :
We see a discount from the commodity in general and the oil and gas sector in particular.
But in order for us to evaluate them, there should be a time when we expect both an increase in the related commodities and a positive atmosphere in the S&P 500, then we can turn to these sectors and make profitable investments.
Regards.